Pennsylvania House Clears Bill
To Shield AMP in Takeover Bid

a Wall Street Journal Staff Reporter

Updated Oct. 8, 1998 12:01 a.m. ET

HARRISBURG, Pa. -- The state House of Representatives approved legislation intended to shield hometown favorite AMP Inc. from a hostile takeover bid by AlliedSignal Inc., but only after lawmakers weakened the bill with amendments.

Under pressure to protect jobs before November's election, the House voted 11288 in favor of a bill that would block AlliedSignal's plan to gain control of AMP using a mail-in ballot of shareholders.